Question
Dixon Sales has four sales employees that receive weekly paychecks. Each employee earns $11.00 per hour and has worked 40 hours in the pay period.
Dixon Sales has four sales employees that receive weekly paychecks. Each employee earns $11.00 per hour and has worked 40 hours in the pay period. Total federal income tax withholdings are $211.20. Each employee pays 3.0% in state income tax, 6.0% in Social Security tax, 1.5% in Medicare tax, and 0.5% toward retirement savings.
Journalize the recognition of the pay period ending January 19 that will be paid to the employees on January 26. If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places.
Jan. 19 | fill in the blank 2 | fill in the blank 3 | |
fill in the blank 5 | fill in the blank 6 | ||
fill in the blank 8 | fill in the blank 9 | ||
fill in the blank 11 | fill in the blank 12 | ||
fill in the blank 14 | fill in the blank 15 | ||
fill in the blank 17 | fill in the blank 18 | ||
fill in the blank 20 | fill in the blank 21 |
Options for left hand column:
- Cash
- Payroll Tax Expense
- Sales Wages Expense
- Sales Wages Payable
- Social Security Tax Payable
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